Question 1

Is Matraville a nice place to live?

Accepted Answer

Matraville sits on the northern fringe of Botany Bay between La Perouse and Maroubra and has a quietly coastal, established feel. Streets are largely post-war brick and weatherboard homes with pockets of newer townhouses and low-rise apartments close to the local shops. The community is settled and weighted towards families, with almost four in five families being couple households, and most homes are owner-occupied (64.3%).

Everyday life is centred on a compact shopping strip, community facilities and regular bus services to nearby beaches and the wider city. The rebuilt Matraville Youth and Cultural Hall is open with accessible features, sustainability measures and an EV charging point. Randwick Council has adopted a public domain masterplan for the town centre and is delivering parts of it, proposing a civic plaza, wider footpaths for outdoor dining, more pedestrian crossings, increased tree planting and provision for a future cycleway; council has also secured a grant for traffic signals at the Anzac Parade and Franklin Street intersection and listed works for the local school. Whether Matraville suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Matraville?

Accepted Answer

Buying in Matraville sits well above what local households earned at the last Census: the median house price of $2,251,250 is about 20.9 times a typical local year's household income, while the median unit price of $910,000 is about 8.4 times that annual income. Those multiples show buying is a high multiple of local incomes on the figures provided.

Renting also takes a sizeable to large share of income. A house rent of $1,500 a week is roughly 72.3% of a typical local household's weekly income at the last Census, and a unit rent of $765 a week is about 36.9% of that weekly income. If you are renting rather than buying, those rent shares are the most directly relevant numbers to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Matraville a good place to invest?

Accepted Answer

House rents jumped 11.1% over the past year, the most striking movement in Matraville's market. That rent gain outpaced house values, which climbed a solid 6.8% over the same period. Units painted a different picture: median unit values slipped 0.8% while unit rents rose a modest 2.0%.

For someone weighing Matraville as an investment, these figures show that rental income from houses has been the strongest performer over the last 12 months, while house prices rose more moderately and unit values were slightly lower. What that balance means for you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$2.25M	$910K
Change in value Past 12 months	6.8%	-0.8%
Sold Past 3 months	21	10
Median days on market Past 12 months	51	52
Average rent Past 12 months	$1500	$765
Change in rent Past 12 months	11.1%	2.0%

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